Part one of this series we talking about CashFlow Mastery. That basically means you want to become a better steward of every dollar that hits your hands and free up as much of it as possible to put it to work for you. Now that you've done that the next logical questions is..."what do I do now?"

The first thing that we recommend is that you build a mini-emergency fund. This is a $3,000-$5,000 fund that will keep your wealth build game plan on track in the event the furnace goes out in the middle of winter. Once you master your CashFlow spend the next few months taking all of your disposable income and putting it into and account as a mini-emergency fund until it reaches at least $3,000.

This money can be placed in a money market account early on but the best place to put it according to my mentor, who by the way has cashflowed over $600M using this same game plan, is a municipal bond fund. The money is still accessible but the interest rate is usually 4%-6% versus 1%-2% for the average money market account. Check out the replay of Talking Money in the Morning LIVE where I go into greater details below.

Today we start a new series on Talking Money in the Morning LIVE! Show to give back to all of those who follow and support the show. This week I'm laying out the 8 part financial success game plan that I teach as part of Project 1,000 so even those that don't subscribe to that program will get some insight into what we actually teach and they cam implement the strategies on their own.

Step #1 - CashFlow Mastery - Matthew 25:23 Says, "His lord said unto him, ‘Well done, good and faithful servant. Thou hast been faithful over a few things; I will make thee ruler over many things. Enter thou into the joy of thy lord.’" On our way to personal financial success we have to start where we are. Some of us are yearning to be wealthy and wishing for millions of dollars and the fact is...we can't manage the few thousand that we have now!

We go into great details regarding each of these strategies on the show embedded below but here are the 5 key take-aways from pt. 1 CashFlow Master

Minimize taxes: Most people don't realize that taxes are their largest expense. If you don't get this under control you will struggle to build wealth. We gave one specific strategy for minimizing taxes on today's show.

Eliminate debt: For the most part "Debt" is caused by sky high taxes and if you can't control your taxes you'll always struggle with debt. Another thing is this, in America debt has become so socially acceptable that no one is even looking for a way out.

Slash Expenses: Once we're through paying taxes and interest on our debts we take what little we do have and try to carve out some sense of a living. However, since the goal is to build wealth, perhaps it's time to reevaluate some things and start looking at some things that we can live without in the short term in order to have long term success financially

Give each dollar a specific target: In other words budget. In my study of wealthy people what I've come to understand is that they are all meticulous budgeters. They know exactly what they spend in each area of their lives and the plan for just that year after year. That allows them to know exactly what they have to invest too.

Stick to the plan: Self discipline is another common trait among the wealthy. Creating the budget is good but sticking to it as best you can is even better.​

Most working class people aren't ready to invest meaning they're drowning in debt, don't have an emergency fund and they don't understand how investments work, yet they always ask "what should I invest in?" Let me first say this, in no way, shape or form is this post or any other post on this site intended to be considered financial advice, legal council or any other form of professional opinion. I'm NOT a licensed financial adviser or planner. This post and site in general is for information purposes only. Now that we've gotten that out of the way, I usually don't answer that question because it's really a loaded question. What a person invests in has a lot to do with what they want in the end and because that's different for everyone I try to stay a way from such loaded questions. However I do know that there are places that you can find double digit returns if you're looking for long term growth. This video is one of my early shows, Talking Money in the Morning LIVE and I actually showed live via screen share where to find great returns via Vanguard. Check it out and let me know what you think. BTW fast forward to the 7 minute mark to skip the intro.

Talking Money in The Morning LIVE! How to get higher returns on investments with Vanguard.

If you eventually want to get to a place where you can invest but you're honest enough to admit that you're NOT there yet...you might want to take a look at PROJECT 1,000. It's a program specifically designed for working class people to get out of debt, minimize taxes and expenses so they can systematically free up the money needed to invest. If that's where you need to start, Click here to learn more!

Today Donald J Trump was sworn in as the 45th president of the United States of America. During his inauguration speech he talked about how we're now in a "day of action" alluding to the fact that in the past politicians have traditionally been all talk and no action. While that's true regarding many politicians, that's also true among the people.

We live in what's know as a capitalistic democracy meaning that we have the freedom to be entrepreneurs and access the same free enterprise system as all of the fortune 500 companies and reap all of the same benefits of doing so. However like most politicians many individuals are all talk and no action. I hear people all the time talk of their grand ideas and how they are sure fire money makers and yet they're taking absolutely "NO" action toward manifesting those ideas, dreams and goals.

The one thing I will admit about President Trump is that, he did speak as though he believed deeply in the core message of is speech to help America rise from the ashes, bring jobs back and so on. The individuals that speak boldly about their dreams and business ideas too speak about them with conviction in their voice until of course you ask them "why aren't the executing?" What President Trump will actually do to deliver on his promise in this "Day of Action" remains to be seen, but it's my hope the he does actually take action. Just as it's my hope that you actually take action towards your dreams and goals and that you pursue them with a vigor that's required to manifest them into reality.

President Donald J Trump's Complete Inauguration Speech

Are you ready to "Take Action" today to bring your dreams to life? Join the Young Wealth Builders today and start building your family empire from scratch!
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I ran across this video of Dr. Boyce Watkins, who I admit to being a fan of, where he said that black people are trained to be hopeless. That actually got my attention immediately and I had to stop what I was doing to listen. I had to actually think deeply about this one and really ponder it.

I know tons of people that do seem to be stuck in a hopeless state and I'm now thinking whether or not there is something to them to be trained to feel that way. As a self proclaimed optimist I have always been bothered by people that can only see the negative in every situation. Because I'm so different I just naturally assumed that I was born this way and now I have to wonder if I was trained to think positive while others have been trained to be hopeless. Now before I can discount this idea completely I do have to admit that culture is important. As a youth basketball coach I know that there is such a thing as a winning culture. A system and way of doing things that will lead to winning more often than losing. So it stands to support the idea that there could be people that were raised in households where the culture was that of hopelessness.

Even though I was raised by a single mom on welfare and we literally went without bare necessities for weeks on end, the one thing that my mom did instill in my siblings and me was HOPE. She taught me that I can do all things and that I'm on overcomer. So I'd say that even if a person is not being trained directly to be hopeless that indirectly if they don't have someone in their corner instilling hope, or if their not immersed in a culture that teaches the power of positive thinking, they by default are being trained to be hopeless. Now whether Dr. Boyce Watkins is saying that we are taught to be hopeless with malicious intent...I'll let you be the judge of that. Check out this video and then leave me a comment and let me know your thoughts.

Dr. Boyce Watkins: How Black People Are Trained to be Helpless

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Evan Carmichael does wonderful videos of celebrity success principles. Here is what he put together on Tupac Shakur's 10 Rules for Success. I've always been a fan of 2Pac and I often wonder what the young man would have become had he lived a little longer and matured a little more. I think his heart was always in the right place but as it is with many of us, he was torn between doing what is right and doing the right thing.

Check out this short video and get to know the man behind the music. Them behind some of the most pain filled eyes I've ever seen. Leave a comment and let me know what you think.